The Louisiana Democrat. [volume] (Alexandria, La.) 1845-1918, 1887-10-19
TONS the State would not have a warrant

| issued since 1850 outstanding.
| The estimated expenses OF the government
| have always, since 1850. been WITHIN the
estimated revenues, the expenses OF the gov
eminent being less by $500, GOO.
| Other and extraordinary demands nave
been made against The general fund tax OF
one mill, but which could have been pro'IIGrtea
for bat for these embarrasments me
Soldiers Home, building and support,
| $40 coo: Insane Asylum, exclusive Oh sup
| port. ST7. 600: limbs for Confederate
| soldiers, So. 0G0: Judge CaInpbel's zee for
! services in the case OF New York Vs. state or
Worlds Exposition, 500, 600: interest on
! Baby bonds, E3S. 600; Tor 3he state Normal
! School, 500, coo per &nnum and Sl3, 600
| for other purposes; Shreveport Hospital,
S24, 600: hospital at Alexandria, sl2, 500;
| Co.ored University, $l4, 600: quarantine,
| new mode OF disinfectng, $50, 000; new
| State House. $50, 900, and transfers from
| general fund to leyee and school funds, $40
| OO0: relief of overflow sufferers, $50, 600:
State University, building purposes S4S,-
| O0O: Deaf and Dumb, S25, 600: Insane
| Asylum, exclusive Of support, SRI, 600;
Bind Institute, exclusive OF support,
| $4,000.
| These debts, created in former admins
! tratiQnN. and the amounts expended for
| buildings, repairs, ETC., have been sucn Il
| strain on the general fund that they have, ne
| cassarIiy created rev debt. which will, L
am sure, be provided Tor il the form Of war
rants OF 1884, 1855 and 1886. From an
| inspection Of the appropriations It will be
| seen that :he amounts appropriated other
! than the debts prior TO 1850, were neceS-
| sary appropriations. Those prior to 1880
or S5ht to have been provided for in the years
| they we're made. During this admlnistra-
| ton. in the matter of finances, / have con-
shifted with the State treasurer and eminent
| bankers III New Orleans. Louisiana bonds
| we're excluded from quotation IN the Stock
| Exchanges OF New York and Liverpool.
The State Treasurer, Z. A. Burke, went to
| New York with the amendment, to be sub
mt;eu to the people for their approval, and
or this evidence OF good faith and far deal
ing on the part OF the State they we're re-
inst&tcd and listed IN the above-n4taed cz-
changes. This, With close collections and
prompt payment Of interest and increased
wealth Ill the State, as shown. by the
assessment rolls gave rapid rise r.,
| Among The number Aeasrs OgIGsbY, Bald
win, Kennedy, hilbreth. Dupuy, Malns.ey
aud Morris frequently. These gentlemen have
always shown most friendly disposition
toward the State, erd have aided snd assisted
in bringing the financial condition OF the
| State 10 it's present improved conditions.
An amendment to the Constitution was
submitted to the people, eliminating the 3
| per cent bond and substituting . 4 POI cent
bond III order to satisfy the public creditor
and to remove the stain OF repHdia ton
from her fair name. This. entailad
no additional alton, and the interest IS
|
From sixty-s5vcii GEMS they rose TO ninety
| two cent?, and believe would have come to
| par value bat Tor the unfortunate di2clis
| SION by the reforners OF the debt amend
mGnE, thus iRpairing that confidence in
| Our sincerity Whlch It was thought the
adoption OF the amendment had fully estab-
| lished. Our bonds went down u eighty-four
cents on the dollar, and can see no reason
for this decline rs the State Is increasing in
| wealth and the payment of the interest has
| q n
unfoTtulato discussion alluded TO.
| Gen. Nichols signed the petition OF bond
holders and with them advised the sabnlls-
sion OF the amendment; Gen, /. n. Ogden
haye been surprised that Gen. Nichols would,
without rebuking the speaker, listen 10 an
attack on me for recommending to the Leg
islatare the snRmisson OF the - amend en-
he should perini! the impression to get
abroad that the reformera will reopen the
debt question, which it was belieyed was
! tirMly fixed and established as q part Of the
| Constitution OF the state.
CONSTITUTIONAL warrants are paid in full. and
all other warrants are provided for ana they
will be paid i'll mil. There are no warrants
for the current year on the market. Ii the
| present fiscal policy is maintained and there
be DO impairment of public confidence orr
credit will rapidly be restored, our bonds,
| with the funding of outstanding floating in
| debfedness. and the fact OF the STATE now
| being on y paying cash basis, will go to par.
| Our financial condition is better than for
| many wears.
RESULTS FOLLOWING GOOD ADMINISTRATION.
From the above statements it viii be OBJ
| served that the State has rapidly advanced III
| all her material interests. Agricultural in
| forests have advanced in the reclaiming. of
| large areas by levee protection. more than
! l, OOO, 900 acres Of arabic lands in sixteen
| parishes alone; an agricultural bureau has
| hi nod
ment II her university, with al experiment.
al station which IL distributing useful and
valuable information among the people.
! Inc cultivation OF the soil Is better and the
! production Of crops increased by the use
OF home made and commercial fertilizers.
| and the euiploymenl OF improved farm i'm
PIGMENTS and The methods of more eco
nomlc systems of farming. And as conse-
| Quence, in many localities the value OF farm
| property has increased, agricultural conven-
ions have been held, and agriculture! sCcie-
ties organized, and agricultural fairs
nave been inaugurated. A new and i'm
portant industry; mas, sprung up in the rails
ing of improved breeds of horses and cattle
aud the fostering of dairy interests Nurse
RIGS for fIruit trees have been established,
orchards planted and fruit raising promises
to be q profitable industry.
The levecs have been rebuilt and the line
from Arkansas City to The Gulf, with the
line of interior levees, completed, will re-
| claim additional acres, increase our wealth,
| give health TO the alluyial districts, and III
| splre confidence among the people. l think
| we need have no fear of another disastrous
overflow, sweeping away millions of prop,
erty, and the people i'll this rich and beautiful
section OF our State can with an assurance OF
protection improve, their places and adorn
their residences and remain at home, free
from dangers Of floods and of diseases.
| The financial condition of the Stale g ex-
| cellent, as shown by the improvement in
assessments, III the equality Of values and the
increase in amounts, in the close collection Of
taxes the increase in the value OF bonds and
The absence Of warrants of 1887 in the mar
| ket for speculation. The parishes have been
relieved OF debt, jurors and witnesses are
paid IN cash, and improvements have been
made to public buildings and new ones
erected, roads worked and bridges built.
Our public schools are better than ever be-
| fore: the attendance greater: there are more
teachers, and better methods of teaching in
| troduced: there are more schoolhouses and
q longer term of the schools, and teachers
| are paid better salaries and more promptly,
and there is more money appropriated for
| public education than ever before in the
State, and the people are aroused and
awakened to the Importance Of education.
,,T The health of the State has been excellent.
There has been no epidemics; By improved
and enlightened methods of disinfecting and
| quarantine pestiience has been kept away
from our cities. The least injury is done to
| commerce consistent with the SAFETY of the
public. / think we have at last found the
,neana of keeping it away from our State.
All OF our public institutions are in a ilolr-
ishing condition, out of debt and Oh fair
way OF winning the confidence of the people
and invite TO them the unfortunate and
afflicted deaf and dumb and bind. And our
colleges are III a. condition to claim
the patronage of our citizens in
the education of their sons and daugh-
tiers. More than one, thousand miles
OF railroad have been built: six Others are
| projected, with fair prOSpacts of being built.
factories have increaaed in number, oil-mils
and cotton presses have been built i'll several
| localities: prosperous and fourishing towns
have been built, and our towns and cities
adorned with beautiful dwellings and hand
some, gardens and elegant and imposing bust
ness houses.
1t il a fact that we have prospered, and the
| knowledge of the fact has gone abroad, aud
| we are reaplng the benefits in an imnigra-
| ton of sturdy, intelligent, thrifty, liberty
| loving and God feaying farmers and me-
! chanics. | have been
IN FULL SYMPATHY